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The Covid-19 pandemic has largely passed, but much uncertainty existed during 2021-2022, when vaccines were being rolled out. In retrospect, what could have been done
The Covid-19 pandemic has largely passed, but much uncertainty existed during 2021-2022, when vaccines were being rolled out. In retrospect, what could have been done differently and better in dealing with Covid-19 -- particularly, for the developing world (amid allegations of vaccine nationalism)? Make sure to apply the analytical tools in this Unit.
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Econ 661 Discussion Posts Show Assessment By: Criteria Original Posting Ratings 3 pts Excellent Same as Good, except the ideas and insights are of high quality in that they are critical, incorporate concepts from the readings, and synthesize the ideas into a coherent whole. They are also supported with examples, or references/cita tions. * 2 pts Good Demonstrates thorough familiarity with the reading(s), and interprets the content or objective accurately. Posts a discussion that addresses all aspects of the task. Ideas and insights are interesting, but tangential or not fully developed. Tinatin Mumladze W 1 pts 0 pts Acceptable Unacceptable Demonstrates Posts no some discussion familiarity with the reading(s), but does not have fully accurate information about the content or objective. Posts a discussion with superficial thought and preparation; does not address all aspects of the task. Follow- Up Postings 3 pts Excellent Demonstrates analysis of others' posts; extends meaningful discussion by building on previous posts. Asks questions or shows examples to extend the discussion further than the initial question. (Half credit given if only 1 follow- on posting is made) A @000 2 pts Good Elaborates on an existing posting with further comment or observation. Asks thoughtful questions to further the discussion. (Half credit given if only 1 follow-on posting is made) 1 pts Acceptable Posts shallow contribution to discussion (e.g., agrees or disagrees); does not enrich discussion. (Half credit given if only 1 follow-on posting is made) 0 pts Unacceptable Posts no comments on other people's discussions Figure 7. The global mortality distribution Share in cumulative global mortality, by income Reported COVID-19 deaths Estimated excess deaths 100% 86% 75% 55% 50% 45% 46% 41% 34% 25% 14% 13% 7% 1% 0% HIC UMIC LMIC LIC Developing World Source: Solstad (2021) through GitHub; JHU CSSE; World Population Prospects. Date: 2021-05-10. Note: Acronyms: high, upper-middle, lower-middle and low income countries. Excess mortality estimates are from The Economist's excess mortality model that fills data gaps with a machine learning algorithm using 121 indicators.\fCOVID-related fiscal support measures Low-income developing countries could afford less fiscal support than advanced and emerging economies. (in % of 2020 GDP, PPP GDP-Weighted) Other Sectors 7.9 Health Sector OHNWAUONOD 3.4 1.4 0.9 0.3 0.6 Advanced Economies Emerging Economies Low-Income Countries Source: Policy Responses to COVID-19 database (IMF). Note: Fiscal Support refers to above-the line or on-budget measures announced with a high likelihood of passage/implementation. INTERNATIONAL MONETARY FUNDStep by Step Solution
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